Tag: Fidelity Bank
-
Fidelity Bank Approves 22 Kobo Dividend Per Share For FY2020
The shareholders of Fidelity Bank Plc have unanimously endorsed the payment of a cash dividend of 22 kobo per share to all Shareholders whose names appear in the Register of Members at the close of business on April 16, 2021. This translates to a dividend yield of 9.2%, making it the 4th most rewarding Bank…
-
Fidelity Bank targets Tier 1 by 2025 – Onyeali-Ikpe
The Managing Director of Fidelity Bank Plc, Mrs Nneka Onyeali-Ikpe, said that the top priority during her tenure would be to ensure the bank’s emergence as a Tier 1 financial institution by 2025. Onyeali-Ikpe disclosed this on the sidelines of the bank’s 33rd Annual General Meeting (AGM) in Lagos on Friday. She said that the…
-
Fidelity Bank Announces 53.9% Growth in 1st Quarter Profit Before Tax of N10.1bn
Top Nigerian bank, Fidelity Bank Plc, has recorded a strong financial performance in the first quarter of 2021, posting appreciable growth in profits for the period ending 31 March 2021. Details of the unaudited results, released at the Nigerian Stock Exchange (NSE) show that Profit before Tax (PBT) grew by 53.9% from N6.6bn in 2020…
-
Photo News: Fidelity Bank Executive Director, Lagos & South-west, Dr. Ken Opara And Family Holds Thanksgiving Service
The Executive Director, Lagos and South-West of Fidelity Bank Plc, Dr. Ken Opara and his wife were all smiles on Sunday during their family thanksgiving in Lagos. Former Governor of Anambra State, Peter Obi and former chairman board of directors of the bank, Mr. Ernest Obi were present to make the thanksgiving memorable. See picture…
-
Fidelity Bank Reaffirms Support For CBN’s New FX Policy Push, Targets Improved Diaspora Remittance Inflows
Fidelity Bank Plc, a leading Nigerian bank has restated its readiness to continually support the Central Bank of Nigeria’s (CBN) efforts to engender sustainable economic development by significantly improving diaspora remittances and foreign exchange (FX) inflows into the country. Fidelity Bank CEO, Mrs. Nneka Onyeali-Ikpe who made this known on Saturday at the inaugural edition…
-
Fidelity Bank Set To Organise Diaspora Webinar Series, Deepens Engagement On New Remittances Policy
Fidelity Bank Plc, top Nigerian bank has concluded plans to host its Diaspora Webinar Series with the inaugural edition slated for Saturday, March 06, 2021 by 2pm. This virtual session seeks to enlighten Nigerian citizens’ resident abroad on recent policy measures by the Central Bank of Nigeria (CBN) and its attendant implications for Diaspora investments.…
-
Fidelity Bank issues largest ticket Tier II local bonds
Fidelity Bank Plc says it has successfully issued 10 years N41.21 billion in fixed rate unsecured subordinated bond at 8.5 per cent coupon rate due 2031. Mr Mustapha Chike-Obi, Fidelity Bank Chairman, disclosed this in a statement on Sunday in Lagos. Chike-Obi said that the bond issuance which was fully subscribed given that total investor…
-
Fidelity Bank hosts capacity building for SMEs
Fidelity Bank Plc is set to organise a national capacity building webinar for small medium enterprises (SMEs) in the country. The programme is part of deliberate efforts to assist entrepreneurs across all sectors of the Nigerian economy develop requisite capacity to unlock their full potentials and take their businesses to the next level of growth.…
-
Onyeali-Ikpe Assumes Office as MD/CEO of Fidelity Bank
The new Managing Director/CEO of Fidelity Bank Plc, Mrs. Nneka Onyeali-Ikpe, whose tenure formally commenced on January 1, 2021 has assumed office, becoming the 4th Chief Executive and first female to occupy the position since the inception of the bank in 1988. She succeeds the erstwhile MD/CEO, Mr. Nnamdi Okonkwo who retired on December 31,…
-
Fidelity Bank announces board retirements, new appointments
Fidelity Bank Plc on Monday announced new board appointments to replace some of its outgoing directors who recently completed their tenure on its board in accordance with its internal governance policies. According to a statement from the bank, Mrs. Aku Odinkemelu, its Executive Director, South Directorate, who was appointed to the board on August 4,…